(Source: Delaware Attorney General) - foreclosure process takes time. The host of amortgage payment to avoid losing their homes have a couple of months is missingafter the move. Delaware, the process usually takes 9 months or longer.
FREE DELAWARE HOUSING WORKSHOPS TODAY!
- Friday January 28 at 1 – 7 pm in Wilmington
• Learn who services your loan and who owns your loan
• Discuss repayment options with your loan servicer/lender
• Call a HUD approved housing counselor
• Organize your finances – complete a budget and determine the mortgage payment you can afford
• Create a file to record all communication with mortgage servicers, agencies, and counselors. Follow up calls with a letter – return receipt requested
• Educate yourself – attend state-sponsored classes, workshops, and open houses
• If your loan is owned by Fannie Mae or Freddie Mac learn about refinancing www.makinghomeaffordable.gov
This information brought to you by:
The Attorney General’s Mortgage Fraud Task Force, in conjunction with
Delaware State Housing Authority
Office of the State Bank Commissioner
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